3/168 Queen Street, Southport QLD 4215

This property is in fantastic condition, offering a great layout that affords the space you are looking for with clean lines and easy cleaning requirements. You will love the super low maintenance lifestyle this townhouse offers.

Currently tenanted, the property offers an amazing return.

This great property includes the following features:
- 3 Generous size bedrooms with built in robes
- Master with balcony with views
- 1 Bathroom which is two way and ensuites the master bedroom
- Sunny open kitchen
- Reverse cycle Split System air con in downstairs living/dining area and a second one in the master bedroom
- Single lock up garage
- Open plan carpeted living area
- Your own private grassy fully fenced backyard
- Very low Body corp per week
- Fully gated and secure complex
- Very close to the new Light Rail (tram system)

This property is very low maintenance and great for people who love to enjoy life on the weekends rather then mowing the lawns. :)

PROPERTY INFORMATION
Property Built: Approx 1994*
Land Share: 3,455 sqm*
Units In Complex: 18
Council Rates: $1,533* p.a. approx
Water Rates: $1,761* p.a. approx
Body Corp: $48* per week approx (inc 10% disc if paid on time)
Sinking Fund: $84,457* (as per balance sheet 2nd July 2015)

INVESTMENT INFORMATION
Current Rent per week: $375* per week
Lease End date: 06/04/2016
Annual Income: $19,500* p.a.
Gross Yield: 6.3%* (Based on sale price of $310,000)

Close to the Light Rail, Griffith Uni, New Gold Coast University Hospital, Southport state & Primary schools, day care centers. Great for first home buyers & astute investors.

Do the sums on this one, come and inspect and see the incredible value it has to offer.

For more information or to book an inspection, please contact Brad Scott or Wayne Haase.

We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

* denotes approximate measurements